Xia Co. manufactures a single product. All raw materials used are traceable to specific units of product. Current information for company follows: Beginning raw materials inventory Ending raw materials inventory Raw material purchases Beginning work in process inventory Ending work in process inventory Direct labor Total factory overhead Beginning finished goods inventory Ending finished goods inventory $ 28,000 31,000 105,000 40,000 50,000 130,000 105,000 80,000 60,000 The company's cost of direct materials used, cost of goods manufactured and cost of goods sold is: Multiple Choice Coat of Materials Uned 5105,000 Cost of Goods Manufactured 5327,000 A. Cost of Goods Sold $307,000 5108,000 $327,000 $347,000 5102.000 $347.000 $307,000